Cyprus
News & Analysis
News In Brief: April 11-April 15, 2022
Cyprus Rebounding From COVID-19, Says Betting Authority
News In Brief: March 14-March 18, 2022
News In Brief: March 7-March 11, 2022
Research & Reports
Market Insight: European Online Gambling
Interactive Map: Gambling Advertising Across Europe
Market Insight: European Lotteries
Market Insight — Cyprus
Regulated Cypriot land-based and online betting revenue grew by 27 percent in 2018 to €89.2m, while the country’s first casino, the City of Dreams Mediterranean resort, is due to open in 2021.
Cyprus: Securities and Exchange Commission Consults on Proposals to Bring Crypto Asset Activities Under National AML Legal Framework
On February 19, 2019, the Cyprus Securities and Exchange Commission (CySEC) launched a consultation seeking feedback on the proposed amendments to the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007 (L. 188(I)/2007). Taking into consideration many queries received from market participants, the proposals aim to bring crypto asset activities under the ambit of the AML framework, transposing at the same time the provisions of the 5th Anti-Money Laundering Directive (5th AMLD) into the national legal order.